At 38,000 reservations, Tesla’s Powerwall is already sold out until mid-2016

Tesla CEO Elon Musk stated today in its first quarter earnings call that the company received more than 38,000 reservations for the Powerwall, which includes roughly 2,800 businesses looking to purchase the commercial version called the Powerpack.

“The response has been overwhelming. Like, crazy,” Musk said. “We’re basically sold out through the first half of next year.”

Musk himself even admitted that he thought Tesla’s latest product line would appeal more to industrial companies than individual customers. “We expect most of our stationary storage sales to be at the utility or industrial scale,” he said.

If you’re still itching to drop serious cash to own a Tesla, however, you can try to get your hands on a used Model S vehicle instead – provided you live in one of the major American cities the program services.

Natt Garun is the US Editor at The Next Web, managing the North American team on content, events, features and reviews coverage. She previously wrote for Digital Trends, Business Insider, and Gizmodo.
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